The government bought back bonds maturing in FY27 (fiscal year 2027)
GK and monthly revision
India switches FY27 maturity bonds with central bank, issues 2040 paper
The Government of India has conducted a bond switch operation with the central bank, wherein it has bought back bonds maturing in the next fiscal year (FY27) and issued longer-dated 2040 securities instead. This move aims to manage the government's debt maturity profile and reduce refinancing risks. For exam preparation, this highlights the government's active debt management strategies and the Reserve Bank of India's role in supporting fiscal operations.
Revision structure
Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path
Key points
Exam-ready takeaways
The government issued longer-dated 2040 securities as part of the switch operation
The move is aimed at managing the government's debt maturity profile and reducing refinancing risks
The operation was conducted in coordination with the Reserve Bank of India
The switch operation is part of the government's active debt management strategies
How to study
Turn news into exam marks
Revise monthly events by exam family instead of reading random updates.
Pair one-liners with mock tests so mistakes become the next revision list.
Keep state job pages, calendar pages and GK packs connected in one path.